Barclays narrows down Manchester office hunt
BARCLAYS is understood to be close to confirming a new lease on around 80,000 sq ft of office space in the city.
TheBusinessDesk.com believes the bank is moving staff from Byrom and Astley House on Quay Street and its existing office on Mosley Street. Its 35,000 sq ft base in Spinningfields is unaffected.
The bank is said to have narrowed its search down to Ask’s 180,000 sq ft Number One First Street scheme and the 110,000 sq ft 4 Piccadilly Place, close to Piccadilly station, which is owned by the Carlyle Group.
Negotiations with both locations are understood to be well advanced with a decision expected this week. Savills and GVA market Piccadilly Place, while Savills and CBRE are responsible for First Street. The agents and Barclays could not be reached for comment.
This property search is understood to be separate to a more strategic hunt for a 250,000 sq ft Manchester headquarters codenamed Project Green.
According to a Property Week story in January, Arup issued a confidential request for information last August to a select group of developers, thought to include Ask Developments, Muse and the Co-operative Group, which asked them to come up with proposals for two “state-of-the-art” office spaces in the North West, and one in Maharashtra state, India.
